Saks in 2025: Sales Trends and Shopper Behavior Leading Into Bankruptcy

Download our latest report to understand Saks’ performance and shopper behavior leading into bankruptcy

Saks’ bankruptcy filing followed a period of sustained sales pressure and shifting shopper spend patterns across luxury and department store retail. This report examines how Saks’ sales performance and shopper behavior evolved across 2024 and 2025, providing a data-driven view of trends leading into the filing.

Using transaction-level data, the analysis highlights changes in trailing twelve month sales, year over year growth, and how active Saks shoppers redistributed spend across competing retailers and categories. The report also explores where apparel, accessories, and beauty spend leaked as shoppers shifted purchases away from Saks.

In this report, you’ll get:

  • P12M sales and YoY growth trends at Saks across 2024–2025

  • Share of wallet shifts among active Saks shoppers, including changes versus key competitors

  • Apparel and accessories spend leakage from Saks, highlighting top department store and specialty destinations

  • Beauty spend leakage patterns from Saks, including specialty beauty and department store retailers

  • Shopper spend redistribution across retailers and channels leading into the bankruptcy filing

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